1-bedroom flat · CV22 7GZ
Sold STCListed 236 days
Opportunity summary
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About
A great opportunity to purchase this 2nd floor, part furnished, one bedroom apartment situated in the very popular Creswell Place on the Cawston Estate. NO UPWARD CHAIN - AVAILABLE NOW!
In Brief, 2nd Floor:- This property has a large open lounge / dining room with modern fitted kitchen to include dishwasher, washing machine / dryer, fridge freezer, electric oven, gas hob and electric extractor.
The bathroom is fitted with a three piece white porcelain suite and thermostatic shower over the bath with glazed screen. There is a storage / closet area leading from the lounge.
The bedroom is larger than a standard double due to it's shape and comes with some furniture that will be included within the sale. Curtains are fitted throughout.
Double glazing, gas central heating and allocated parking space for one vehicle. DESCIPTION: GROUND FLOOR: COMMUNAL ENTRANCE HALLWAY: Pathway leads you to the communal entrance with storm porch over.
Enter via the uPVC double glazed security door with multi-point locking system and glazing to sides. Intercom and security lighting.
Stairs rising to the 2nd Floor:- APARTMENT ENTRANCE:- KITCHEN - DINING - LOUNGE: (16'4" x 22'6" MAX) LOUNGE: Open plan lounge with uPVC double glazed windows to rear apsect with countryside views.
Pendant light fittings and wall mounted radiators, sockets and switches. Carpet floor covering throughout. TV and telephone points. Neutral decor.
KITCHEN: Fitted with a range of floor and wall mounted cupboards with beech 'shaker style' doors and stainless steel handles.
Roll top work surfaces throughout with breakfast bar feature, stainless steel sink and chrome mixer tap.
Integrated appliances to include, electric oven, gas hob, extractor hood, dishwasher, washing / drying machine and an upright fridge / freezer.
Pendant light to ceiling and ceramic tiles to walls and floor. Wall mounted gas combination boiler, sockets and switches. uPVC double glazed window to rear aspect.
BEDROOM ONE: (12'11" x 13'0") Oversized double bedroom with stand alone wardrobes. uPVC double glazed windows to front aspect. Wall mounted radiator and light pendant to ceiling.
Carpet floor covering. FAMILY BATHROOM: (6'9" x 6'5") White porcelain three piece suite to include:- Bath with traditional style chrome taps and thermostatic shower head and lance.
Low level w/c with dual flush option. Pedestal wash basin with chrome taps. White ceramic tiling to all splashback areas. uPVC double glazed window to rear aspect.
AIRING CUPBOARD: For clothes airing or storage. GROUNDS AND PRIVATE PARKING: There are private grounds that are laid to lawn at the rear of the building and paved, allocated parking to the front.
SERVICE CHARGE AND GROUND RENT: Annual Service Charge: £1771.00 Annual Ground Rent: £399.00 Lease Term Length: 108 Years.
LOCATION: Cawston is an extremely popular area that is supported by good local schools and amenities. Rugby's new retail park 'Elliots Field' is only five miles away.
This modern easy-to-reach shopping park contains many flagship retail stores such as Debenhams, Marks and Spencer, Next, Nike and DFS to name a few.
There are also many coffee shops, restaurants and not to forget the free parking. There are many excellent private and public schools with Rugby School being the most famous.
Leisure amenities are plentiful with the Queen's Diamond Jubilee Sports Centre being the main. Rugby's train station is less than 5 miles away and is served by London Midland and Virgin Trains.
Rugby to London Euston is less than 50 minutes by fast train and Birmingham 20 minutes. This is just one of the reasons why Rugby has become extremely popular with many commuters.
Local Authority: Rugby Borough Council. Council Tax: Band A Mortgage Advice: IF YOU WOULD LIKE A FREE MORTGAGE CONSULTATION, PLEASE ASK TO SEE OUR IN-HOUSE MORTGAGE SPECIALISTS.
General Information: TENURE: The property is freehold with vacant possession on completion. SERVICES: All mains services are connected or available but not tested.
A telephone line is installed the transfer of which is subject to BT regulations.
Life Investments have not tested any apparatus, equipment, fittings, etc, or services to this property, so cannot confirm they are in working order or fit for the purpose.
A buyer is recommended to obtain confirmation from their Surveyor or Solicitor. FIXTURES AND FITTINGS: Only those as mentioned in these details will be included in the sale.
MEASUREMENTS: The measurements provided are given as a general guide only and are all approximate. VIEWING: By prior appointment through the Sole Agents.
ADDITIONAL SERVICES: Do you have a house to sell? Life Investments offer a complete and professional service to home owners throughout Warwickshire.
If you are thinking of selling your home, Life Investments offer you a Free Valuation with no obligation whatsoever. Please call us today for details of our service and our competitive fees.
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Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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